400 Review Questions PDF

Summary

This document contains a set of 400 review questions related to personnel management, performance evaluation, and property valuation. The questions cover a range of topics, and are likely intended for use in preparing for an exam.

Full Transcript

**A part of personnel management includes \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_. This is a common procedure used to evaluate any organization\'s personnel.** - A. Project management - B. Performance evaluation - C. Office maintenance - D. Recruitment *...

**A part of personnel management includes \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_. This is a common procedure used to evaluate any organization\'s personnel.** - A. Project management - B. Performance evaluation - C. Office maintenance - D. Recruitment **A basic characteristic of a well-designed evaluation system is \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_.** - A. Comprehensive - should measure all important aspects of the position - B. Objective - looking at the performance of the task or tasks - C. Identify the employee\'s strong points and shortcomings - D. All of the above **Traditional methods of evaluating performance often use rating scales. When using rating scales, use \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ whenever possible.** - A. Subjective opinions - B. Personal relationships - C. Objective factors - D. Attendance **The \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ should protect an employee from reprisal.** A. Performance evaluation B. Disciplinary process C. Grievance procedure D. Promotion process **Disciplining an employee for unsatisfactory work performance must be fair yet serve the needs of the office. It should follow a \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_, which is usually a sequence of steps that will lead to either improvement or termination of the employee.** - A. Flexible approach - B. Standard process - C. Random assessment - D. Verbal warning 7\. The final step in the disciplinary action (before dismissing an employee) is to bring the situation to a conclusion, including a \_\_\_\_\_\_\_\_\_\_\_\_. A. Verbal warning B. Meeting with HR C. Written report D. Performance review 8\. Accuracy of \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ data is an essential element in developing accurate valuations for assessment. A. Sales B. Property characteristics C. Financial D. Census 9\. Situational characteristics can also be reviewed by using a \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_. The proximity of parcels to some feature that either adds to or detracts from value can be easily identified. A. Property database B. Tax system C. Geographic Information System (GIS) D. Zoning map 10\. The \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ is an effective graphic planning tool for measuring the progress of the organization, after the plan has been implemented. A. Gantt chart B. Pie chart C. Flowchart D. Bar graph 11\. Accuracy of data entry is an essential element in developing accurate valuations for assessment, and various \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ can also assist in assuring the accuracy of the data. A. Audits B. Edit checks C. Quality assessments D. Surveys 12\. In ratio studies, the \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ is the most widely used measure of appraisal level. A. Mode B. Mean C. Median D. Range 13\. When determining whether a reappraisal is necessary, the \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ is a helpful statistic to measure accuracy of appraised values by giving the average percentage miss from the median. A. Coefficient of dispersion B. Standard deviation C. Price-related differential D. Mean deviation 14\. \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ is when low-valued properties are over-appraised relative to high-valued properties. The statistic that helps measure this is the \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_. (Select two answers) A. Progressivity B. Regressivity C. Coefficient of dispersion D. Price-related differential 15\. If uniformity is good, but the level is low, can the values be trended? A. Yes B. No 16\. If the median and mean ratios stratified by heating type all have a level around 1, this stratification has good \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ equity. A. Horizontal B. Vertical C. Mixed D. Linear 20\. \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ is the practice of adjusting the value on properties that sold without regard to the market analysis performed in setting values for the population. A. Data smoothing B. Value trending C. Sales chasing D. Price-related adjustment **19. A box plot provides a significant amount of information about values within a group. The box itself represents \_\_\_\_\_\_\_\_\_\_ of the data, and the black line through the box represents the \_\_\_\_\_\_\_\_\_\_.** - A. 5.0% and median - B. 10.0% and mean - C. 50.0% and median - D. 25.0% and mean 18\. You have been asked to trend neighborhoods 3 and 5 based on their median levels. The median for neighborhood 3 is 1.14 and the median for neighborhood 5 is 0.76. Your target assessment level is 0.95. What are the correct trend factors? A. Neighborhood 3: 1.2500, Neighborhood 5: 0.8333 B. Neighborhood 3: 0.8333, Neighborhood 5: 1.2500 C. Neighborhood 3: 0.9500, Neighborhood 5: 1.1000 D. Neighborhood 3: 1.1400, Neighborhood 5: 0.7600 **17. Low-dollar properties are over-appraised relative to high-dollar properties. This is an example of poor \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ equity and should equate to a price-related differential \_\_\_\_\_\_\_\_\_\_\_.** - A. Horizontal / below 1 - B. Vertical / above 1 - C. Lateral / equal to 1 - D. Circular / below 0.5

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